Pinot's Palette logo

Pinot's Palette Franchise

Audited Financials
RecreationEst. 2009Mandeville, LA
www.pinotspalette.com

Risk Score

Pending analysis

Investment Range

$119,000 - $259,000

Franchise Fee

$20,000

Total US Locations

67

Business Summary

Pinot's Palette offers a franchise for a business that provides a fun social setting where guests can drink wine or other beverages while creating art or crafts. Each Pinot's Palette business uses the brand's proprietary marks, branded products, and a designated system of operations. Patrons can bring their own beverages or purchase alcoholic drinks, depending on local laws. A typical Pinot's Palette studio is about 1,700 to 2,300 square feet and employs around 5 to 10 people.

Corporate History

Pinot's Palette is operated by Painting with a Twist, L.L.C., which was organized in February 2009 in Louisiana. While Painting with a Twist, L.L.C. has offered Painting with a Twist franchises since March 2009, it began offering Pinot's Palette franchises on October 15, 2024. This was after Painting with a Twist, L.L.C. acquired the Pinot's Palette brand assets, including trademarks and franchise agreements, from GFH Pinot's Palette, LLC and GFH PP, LLC on June 28, 2024. The Pinot's Palette concept itself originally started in September 2010 by Pinot's Palette LLC, which began offering franchises in October 2010. Painting with a Twist, L.L.C. is also a subsidiary of Twist Brands LLC, formed in October 2020, and previously acquired assets of Bottle & Bottega, Inc. in 2018.

Financial Overview

Investment Range

$119,000 - $259,000

Franchise Fee (Low)

$20,000

Franchise Fee (High)

$25,000

Royalty %

6%

Marketing %

2%

Equipment Costs (Low)

$44,000

Equipment Costs (High)

$115,000

Working Capital

$32,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Painting with a Twist, L.L.C.'s financial statements for the years ending December 31, 2024, 2023, and 2022, have received an unqualified opinion from the independent auditor, indicating that they present the financial position fairly in all material respects. However, the company noted goodwill impairment charges of $187,135 in 2024 and $155,100 in 2023. These charges resulted from a portion of goodwill related to the 2018 acquisition of Bottle & Bottega, Inc. becoming impaired due to store closures and a significant decline in royalties and changes in the operating environment for that specific business unit. No going concern issues were identified.

Financing Details

Pinot's Palette does not offer any direct or indirect financing to franchisees, nor does it guarantee any notes, leases, or other obligations for them. Franchisees will need to secure their own funding.

Performance Metrics

Total US Locations

67

Franchised Units

67

Corporate Units

0

Avg Square Footage

2,000

Franchising Since

2024

Agreement Terms

Initial Term

7 years

Renewal Term

5 years

Renewal Conditions

To renew, Pinot's Palette franchisees must: give written notice of election to renew; be in good standing, and not have any uncured defaults under the Franchise Agreement or any other agreement; not have received 2 or more written default notices within the 12 months preceding notice to renew or renewal date; satisfy all monetary obligations to Pinot's Palette; renovate and modernize the Franchised Business as Pinot's Palette may require; demonstrate the right to operate at the Franchised Business location for the renewal term; the franchisee or its manager must satisfy renewal training requirements; sign a general release in the prescribed form; and sign a then-current franchise agreement that may have materially different terms and conditions from the original agreement.

Training & Support Program

Franchisor Assistance

Pinot's Palette provides franchisees with comprehensive assistance throughout their business journey. Before opening, Pinot's Palette offers guidance for site selection and reviews lease agreements, along with providing specifications and layouts for the studio's construction, equipment, furnishings, and décor. Franchisees also receive an operations manual and access to approved supplier lists. Initial training is mandatory for the franchisee or a designated manager, lasting 4 to 6 days, and covers all aspects of business operation, including staff training and shop management. Pinot's Palette also sends a representative to the franchisee's location for on-site assistance during the grand opening. After opening, franchisees receive ongoing support through marketing and advertising guidance, including approval of promotional materials. They can also contact Pinot's Palette representatives for consultation on business operations and system changes. Additional training sessions, including regular online webinars, are offered, and some may be mandatory. The franchise also evaluates new products and services for approval and provides ongoing email and phone assistance for using the proprietary ADMIN System.

Initial Training Hours

144

Training Location

Mandeville, Louisiana, or virtually

Ongoing Support

After opening, Pinot's Palette provides ongoing support including marketing and advertising guidance, along with approval of all franchisee promotional materials. Franchisees can receive periodic or as-needed consultation and guidance on business operations, system changes, and required reports. Pinot's Palette also conducts inspections to ensure compliance with standards. Additional training sessions, including regular online webinars, are offered, and some may be mandatory. The franchise also evaluates new products and services for approval and provides ongoing email and phone assistance for using the proprietary ADMIN System.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

retail

Owner Participation

Absentee Allowed

Territory Type

Protected

Staff Count

8

Territory Size Requirements

Pinot's Palette defines its protected territories based on a geographical area with identifiable boundaries and a minimum residential population of 100,000. The specific size and shape of the territory are determined by the general demographics, geographic features, and other criteria to ensure the franchisee can realistically serve the area.

Staffing Notes

A typical Pinot's Palette studio employs approximately 5 to 10 people, including a full-time manager (who can be the owner or a trained employee) dedicated to the business's management and development. The financial estimates assume payroll expenses for 6 part-time staff. Artists are also a key part of the team, with specific artist training provided. All employees and artists are required to sign confidentiality and non-compete agreements.